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Economic Governing Principles of Traditional Chinese Philosophy
Introduction
The Life of Confucius
1.1 Historic background
1.2 Devotion in education & political life
1.3 Universal love
The Fundamental Concept of Confucius
1.4 The three stages
1.6 The principle of love
1.5 Human relation and moral constants
1.7 The principle of reciprocity
Lecture 1
Lecture 2
What Is Economics
2.1 Economics and other sciences
2.2 Government objectives
Economics & Sociology
2.3 The origin of society
2.4 Confucius' sociology teaching
* Principle of universal equality
* Principle of individual responsibility
Lecture 3
Economics as the Basis of Politics
3.1 Ancient governmental departments; Governance through economic and HR management
Politics Promotes Economic Life
3.2 Politics promotes economic life
Principles of Government
3.3 Keeping the rulers in check
3.4 Sovereign power belongs to the people
3.5 Discussion on the government system
3.6 The school system
3.7 Educational election
Lecture 4
Introduction
Economics as the Basis of Ethics
4.1 Etymological explanation of benevolent and righteousness
4.2 Ethical vs economic standards
Harmony Between Economics & Ethics
4.3 The real profit is righteousness
4.4 Why is righteousness more important than profit?
4.5 Conflict between individual profit and righteousness
4.6 Choice between economic life & ethical life
Lecture 5
Government Regulation
5.1 Reason of regulation - Natural selection
5.2 Reason of regulation - Human habit
5.3 Aims of the government
5.4. Rule of government conduct & government economic intervention
Laissez-Faire Policy Under Confucianism
5.5 Theory & origin (from observing natural production)
5.6 Distributive inequality caused by free competition
Lecture 6
Human Wants
6.1 Sages' work & Human desire
Doctrine of Rites
6.2 Satisfaction of wants
6.3 Desirable consumptions
6.4 Moral regulation of wants
6.5 Social regulation of wants - The ethical rationale of consumption rules
6.6 Social regulation of wants - The social rationale of consumption rules
6.7 Social regulation of wants - The financial conditions as regulation of wants
Happiness of the Rich
7.1 Happiness of the rich
Happiness of the Poor
7.2 Personal pride& the correct view towards material and fake honour
7.3 Virtue is highest honour, not wealth or ranks
7.4 Pleasure in truth
Lecture 7
Introduction
Happy Medium between Parsimony & Extravagance
8.1 Too much or too little of consumptions; self vs social spending
Evil of Luxury & Extravagance
8.2 Good & Bad examples and consequence
8.3 Luxury life is allowed with a condition
Evil of Parsimony
8.4 Evil of parsimony
8.5 Some final thoughts
Lecture 8
Factors of Production
9.1 Factors of production
Importance of Population
9.2 Sages' attitude towards population statistics
Population & Land
9.3 Government population management
9.4 Internal migration flow and land utility
Migration of Population
9.5 Freedom of movement
9.6 Essence of immigration
9.7 Encouragement of immigration of artisans and merchants
Lecture 9
Nature
10.1 The five elements
10.2 Six treasuries, three businesses, nine services of government
10.3 "Regulating" natural resources
10.4 Conservation of natural resources
Capital & Saving
10.5 Capital and wealth
10.6 Grain as capital in consumption smoothening
10.7 Importance of saving and abstinence
Lecture 10
The Four Groups of People
11.1 Division of labour
11.2 Static labour theory
11.3 Freedom of occupation
The Necessity, Justice & Honour of Work
11.4 Necessary to work (A)
11.5 Necessary to work (B)
11.6 Honourable to work
Lecture 11
Lecture 12
Division of Industry
12.1 Governmental sectors of industry
12.2 Society-driven evolution of industries
Position of Artisans
12.3 Position of artisans
Hereditary & Specialisation
12.4 Specialisation system
12.5 Essence of specialised learning
Lecture 13
Importance of Merchants
13.1 Importance of merchants
Value & Price
13.2 Principle of governance - provision of necessity
13.3 Determinant of prices
Commercial Regulations
13.4 Rule of the market place (A)
13.5 Rule of the market place (B); Pricing policy
International Trade
13.6 Policies to attract foreigners & the benefit of international trade
13.7 Principle of free trade
About Distribution
14.1 Some facts & data
14.2 Why is equality important?
Distribution According to the Principle of Contribution
14.3 Wealth based on productivity & contribution
14.4 Justification of equality – harmony & peace
Distribution According to Need
14.5 The nature of wealth
14.6 Importance of satisfying basic need
Lecture 14
Lecture 15
Origin of Wages - Concepts of Substitution
15.1 Origin of wages
The Productivity Theory
15.2 Wage justice to attract workers
15.3 Principle of division of labour
Standard & Scale of Wages
15.4 Real wages
15.5 Scale of wages
Education as a Solution of the Wages Problem
15.6 People are differentiated by education
15.7 Education, wealth, and human standard
Dr Liu is a lecturer in finance at Swansea University in Wales, UK. He has a great interest in the research and application of ancient Chinese governing principles in the modern world. His interest in ancient Chinese governing philosophy began when he witnessed the financial crisis as a former banker and grew stronger during his later research career in corporate governance.
Dr Liu went to Bristol University where he gained a PHD in finance.
Your Lecturer
Dr Xicheng Liu
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